TIDMPALM

RNS Number : 3219B

Asian Plantations Limited

03 March 2014

3 March 2014

Asian Plantations Ltd

("Asian Plantations" or the "Company")

Response to Press Speculation

Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, notes the comments which appeared in The Star newspaper in Malaysia on Saturday 1 March 2014 and which suggested that the Company is in discussions with FELDA Global Ventures Holdings Bhd ("FGV") to dispose of all, or part of, its issued share capital to FGV.

The Company confirms that it is in discussions with a number of parties which might lead to a sale of its entire share capital, however there can be no certainty as to the outcome of these discussions or whether an offer will be made.

Asian Plantations is subject to the Singapore Code on Takeovers and Mergers.

Further announcements will be made in due course.

-ENDS-

For further information, please contact:

 
 Asian Plantations Limited 
  Graeme Brown, Co-Founder & Joint Chief       Tel: +65 6325 0970 
  Executive Officer 
  Dennis Melka, Co-Founder & Joint Chief 
  Executive Officer 
 Strand Hanson Limited 
  James Harris                               Tel: +44 (0) 20 7409 
  James Spinney                                              3494 
 Macquarie Capital (Europe) Limited 
  Steve Baldwin                                  Tel: +44 (0) 203 
  Dan Iacopetti                                          037 2000 
 Panmure Gordon (UK) Limited 
  Tom Nicholson                                Tel: +65 6824 8204 
  Callum Stewart                             Tel: +44 (0) 20 7886 
                                                             2500 
 Bankside Consultants 
  Simon Rothschild                           Tel: +44 (0) 20 7367 
                                                             8871

This information is provided by RNS

The company news service from the London Stock Exchange

END

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